EU Sources - Rising inequality and democracy - April 30, 2018

Economist Branko Milanović published a blog on rising inequality and the threats it poses to democracy. When it comes to inequality within nations, Western countries have responded to China’s rise by slashing the jobs or wages of people working in industries that have to compete with China. His remedy is, rather than just raising taxes for the rich, to pour energy into creating better educational opportunities for everyone, no matter what their background. That means people will start off in the jobs market on a more level playing field.

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